MEZO - HOUT: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
MEZO - HOUT
Largest movements
- Receivables after one year -€280,000
down €280,000 (-11.8%), from €2.4m to €2.1m
- Receivables within one year -€113,784
down €113,784 (-6.4%), from €1.8m to €1.7m
of which Trade receivables: -€117,384
- Stocks and contracts +€103,939
new in 2024: €103,939
- Debts after one year -€308,785
down €308,785 (-23.2%), from €1.3m to €1.0m
- Other debts +€140,272
up €140,272 (+61.2%), from €229,368 to €369,639
- Trade debts -€118,750
down €118,750 (-62.7%), from €189,543 to €70,794
- Taxes +€11,351
no longer reported in 2024 (was -€11,351)
- Staff costs -€7,671
down €7,671 (-11.7%), from €65,460 to €57,788
- Financial charges -€3,526
down €3,526 (-7.6%), from €46,297 to €42,771
- Gross operating margin -€2,561
down €2,561 (-2.2%), from €114,453 to €111,892
- Other operating charges -€2,555
down €2,555 (-23.7%), from €10,788 to €8,233
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,202,194 | €3,895,709 | -€306,485 | -7.3% |
| Current assets | 29/58 | €4,202,194 | €3,895,709 | -€306,485 | -7.3% |
| Amounts receivable after more than one year | 29 | €2,380,000 | €2,100,000 | -€280,000 | -11.8% |
| Other amounts receivable | 291 | €2,380,000 | €2,100,000 | -€280,000 | -11.8% |
| Stocks and contracts in progress | 3 | - | €103,939 | +€103,939 | |
| Stocks | 30/36 | - | €103,939 | +€103,939 | |
| Amounts receivable within one year | 40/41 | €1,783,594 | €1,669,809 | -€113,784 | -6.4% |
| Trade receivables | 40 | €544,926 | €427,542 | -€117,384 | -21.5% |
| Other amounts receivable | 41 | €1,238,667 | €1,242,267 | +€3,600 | +0.3% |
| Cash at bank and in hand | 54/58 | €14,114 | €21,961 | +€7,847 | +55.6% |
| Deferred charges and accrued income | 490/1 | €24,486 | - | -€24,486 | |
| Total equity and liabilities | 10/49 | €4,202,194 | €3,895,709 | -€306,485 | -7.3% |
| Equity | 10/15 | €2,108,592 | €2,111,692 | +€3,100 | +0.1% |
| Contributions | 10/11 | €737,247 | €737,247 | = | 0.0% |
| Capital | 10 | €737,247 | €737,247 | = | 0.0% |
| Issued capital | 100 | €737,247 | €737,247 | = | 0.0% |
| Reserves | 13 | €1,371,346 | €1,374,446 | +€3,100 | +0.2% |
| Non-distributable reserves | 130/1 | €73,725 | €73,725 | = | 0.0% |
| Legal reserve | 130 | €73,725 | €73,725 | = | 0.0% |
| Tax-exempt reserves | 132 | €121,700 | €121,700 | = | 0.0% |
| Distributable reserves | 133 | €1,175,921 | €1,179,021 | +€3,100 | +0.3% |
| Amounts payable | 17/49 | €2,093,602 | €1,784,016 | -€309,585 | -14.8% |
| Amounts payable after more than one year | 17 | €1,330,017 | €1,021,232 | -€308,785 | -23.2% |
| Financial debts | 170/4 | €1,330,017 | €1,021,232 | -€308,785 | -23.2% |
| Amounts payable within one year | 42/48 | €763,342 | €751,129 | -€12,212 | -1.6% |
| Current portion of amounts payable after more than one year | 42 | €330,376 | €308,785 | -€21,591 | -6.5% |
| Trade debts | 44 | €189,543 | €70,794 | -€118,750 | -62.7% |
| Suppliers | 440/4 | €189,543 | €70,794 | -€118,750 | -62.7% |
| Taxes, remuneration and social security | 45 | €14,055 | €1,911 | -€12,144 | -86.4% |
| Taxes | 450/3 | €13,016 | €1 | -€13,015 | -100.0% |
| Remuneration and social security | 454/9 | €1,038 | €1,910 | +€872 | +83.9% |
| Other amounts payable | 47/48 | €229,368 | €369,639 | +€140,272 | +61.2% |
| Accrued charges and deferred income | 492/3 | €243 | €11,655 | +€11,412 | +4,692% |
| Remuneration, social security and pensions | 62 | €65,460 | €57,788 | -€7,671 | -11.7% |
| Other operating charges | 640/8 | €10,788 | €8,233 | -€2,555 | -23.7% |
| Gross operating margin | 9900 | €114,453 | €111,892 | -€2,561 | -2.2% |
| Operating profit (loss) | 9901 | €38,206 | €45,871 | +€7,665 | +20.1% |
| Financial income | 75/76B | €503 | - | -€503 | |
| Recurring financial income | 75 | €503 | - | -€503 | |
| Financial charges | 65/66B | €46,297 | €42,771 | -€3,526 | -7.6% |
| Recurring financial charges | 65 | €46,297 | €42,771 | -€3,526 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | -€7,588 | €3,100 | +€10,688 | |
| Income taxes | 67/77 | -€11,351 | - | +€11,351 | |
| Profit (loss) for the period | 9904 | €3,762 | €3,100 | -€662 | -17.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,762 | €3,100 | -€662 | -17.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.